Ars Technica
Anthropic’s $2 trillion IPO puts powerful external trustees in spotlight
Friday, September 4, 2026
Anthropic filed to go public at a $2 trillion valuation, according to the company's IPO filing. The company's corporate structure includes external trustees with authority over decisions related to the company's long-term mission and values. The filing disclosed the governance arrangement, which differs from standard shareholder-controlled structures used by most public technology companies.
